What is Homoskadesticity? (& heteroskedasticity)

Homoskadesticity/Heteroscedasticity
This video explains the concept of Homoskadesticity using simple examples.
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#Homoskadesticity #Heteroscedasticity #researchHUB
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[@xuelian1995]

You explained it very well. You saved my life

[@alisahlan4014]

very nice explanation

[@AnG-qx5bd]

Thank you. You explain everything well. I have seen many of your videos and I did not miss anything. You have a way of making the information click that others do not have. What is even better, you explain concepts quickly and clearly. Don't worry about stumbling across some words. You more than make up for that with how you help me learn. Kudos!

[@RESEARCHHUB]

Thank you very much for the appreciation.

[@KH-nw3cq]

Thank you

[@jamalnuman]

But we didn't understand what the heteroskedasticity indicate for! for example, if we have a model that make a prediction for the house price based on the three variables: area, age, location. then what does it mean to have heteroskedasticity?

[@heavenserene8472]

thank you